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elena55 [62]
1 year ago
14

the xyz company is a profit-maximizing firm with a monopoly in the production of pennants. the firm sells its pennants for $10 e

ach and economic profit is positive. we can conclude that the xyz company is producing a level of output at which:
Business
1 answer:
marshall27 [118]1 year ago
7 0

Marginal cost equals marginal revenue. The additional money that results from raising the quantity is known as the marginal revenue.

Therefore, profit is maximised when marginal cost equals marginal revenue, which is the same as saying when marginal profit equals zero. This additional revenue is also referred to as being "at the margin. In general, marginal revenue tends to decline as production rises for any given level of customer demand. There is no economic gain in equilibrium since marginal revenue and costs

Marginal cost

The additional expense brought on by increasing the quantity is known as the marginal cost. The additional expense at the margin.

Marginal revenue

The additional money that results from raising the quantity is known as the marginal revenue. The additional revenue at the margin.

The XYZ Company is a profit-maximizing firm with a monopoly in the production of pennants. The firm sells its pennants for $10 each. We can conclude that the XYZ Company is producing a level of output at which:

Select one:  a. average total cost equals $10.    b. average total cost is greater than $10.    c. marginal revenue equals $10.    d. marginal cost equals marginal revenue.

Learn more about marginal cost and marginal revenue here:

brainly.com/question/10929905

#SPJ4

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Answer: $1.4 million

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Thus, shield amount can be computed as follows :-

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True or False: The end result of individual choices may be different from what one individual intends. This is
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true

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What is the principal amount of a bond that is repaid at the end of the loan term called?
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 Face value is one of the type of financial term that is use to describing the original and the nominal value of the security principle amount of the specific bond which is repaid at the time of ending of loan.

The face value is basically refers to the value which is printed on any bond or bill in the form of value and it is basically appeared in the financial related documents.    

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6 0
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Place a number, 1 through 7, in front of each of the following balance sheet categories to designate the order in which they are
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